Answer:
human capital is more important than financial capital
Explanation:
To Steve human capital is the building blocks of the foundation of the company. The financial capital can be sourced from various sources but human capital takes time and effort to produce qualitative results which can't be replaced easily.
Answer:
setting the price of the product well below the price charged by the rival
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If a monopolistically competitive sets price below competitors, losses would be made. So, there is no incentive to do this
Answer:
Disadvantages of the Partnership
Today their company, Microsoft, is a major corporation, and Bill Gates and Paul Allen are two of the wealthiest people in the world. Microsoft is a partnership that turned into one of America's greatest success stories.
Explanation:
hope it helps.at pa brainless pwease..
